BELGIAN TEXTILE SERVICES: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BELGIAN TEXTILE SERVICES
Largest movements
- Cash -€16,579
down €16,579 (-55.0%), from €30,147 to €13,569
mainly Net result for the year (-€18,203) and Advances received (-€14,345)
- Stocks and contracts -€14,485
down €14,485 (-28.2%), from €51,324 to €36,838
- Receivables within one year -€4,635
down €4,635 (-23.9%), from €19,377 to €14,741
of which Other amounts receivable: -€10,304
- Deferred charges and accrued income -€1,662
down €1,662 (-91.4%), from €1,819 to €157
- Profit (loss) carried forward -€18,203
down €18,203 (-51.1%), from €35,618 to €17,415
- Advances received -€14,345
down €14,345 (-69.4%), from €20,680 to €6,335
- Tax, wage and social debts -€4,815
down €4,815 (-91.4%), from €5,265 to €450
of which Taxes: -€2,565
- Write-downs +€9,210
new in 2025: €9,210
- Gross operating margin -€4,913
down €4,913, from €1,585 to -€3,328
- Other operating charges -€658
down €658 (-30.3%), from €2,170 to €1,512
- Taxes -€487
down €487 (-52.0%), from €937 to €450
- Depreciation -€268
no longer reported in 2025 (was €268)
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,700 | €65,315 | -€37,385 | -36.4% |
| Fixed assets | 21/28 | €34 | €10 | -€24 | -70.2% |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €34 | €10 | -€24 | -70.2% |
| Current assets | 29/58 | €102,667 | €65,305 | -€37,361 | -36.4% |
| Stocks and contracts in progress | 3 | €51,324 | €36,838 | -€14,485 | -28.2% |
| Stocks | 30/36 | €51,324 | €36,838 | -€14,485 | -28.2% |
| Amounts receivable within one year | 40/41 | €19,377 | €14,741 | -€4,635 | -23.9% |
| Trade receivables | 40 | €8,515 | €14,183 | +€5,668 | +66.6% |
| Other amounts receivable | 41 | €10,862 | €558 | -€10,304 | -94.9% |
| Cash at bank and in hand | 54/58 | €30,147 | €13,569 | -€16,579 | -55.0% |
| Deferred charges and accrued income | 490/1 | €1,819 | €157 | -€1,662 | -91.4% |
| Total equity and liabilities | 10/49 | €102,700 | €65,315 | -€37,385 | -36.4% |
| Equity | 10/15 | €56,078 | €37,875 | -€18,203 | -32.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,618 | €17,415 | -€18,203 | -51.1% |
| Amounts payable | 17/49 | €46,622 | €27,440 | -€19,182 | -41.1% |
| Amounts payable within one year | 42/48 | €46,316 | €27,440 | -€18,876 | -40.8% |
| Trade debts | 44 | €20,371 | €20,655 | +€284 | +1.4% |
| Suppliers | 440/4 | €20,371 | €20,655 | +€284 | +1.4% |
| Advances received on contracts in progress | 46 | €20,680 | €6,335 | -€14,345 | -69.4% |
| Taxes, remuneration and social security | 45 | €5,265 | €450 | -€4,815 | -91.4% |
| Taxes | 450/3 | €3,015 | €450 | -€2,565 | -85.1% |
| Remuneration and social security | 454/9 | €2,250 | - | -€2,250 | |
| Accrued charges and deferred income | 492/3 | €306 | - | -€306 | |
| Remuneration, social security and pensions | 62 | €1,760 | €1,760 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €268 | - | -€268 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €9,210 | +€9,210 | |
| Other operating charges | 640/8 | €2,170 | €1,512 | -€658 | -30.3% |
| Gross operating margin | 9900 | €1,585 | -€3,328 | -€4,913 | |
| Operating profit (loss) | 9901 | -€2,613 | -€15,810 | -€13,197 | -505% |
| Financial income | 75/76B | €6 | €58 | +€53 | +912% |
| Recurring financial income | 75 | €6 | €58 | +€53 | +912% |
| Financial charges | 65/66B | €2,251 | €2,001 | -€250 | -11.1% |
| Recurring financial charges | 65 | €2,251 | €2,001 | -€250 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,859 | -€17,753 | -€12,894 | -265% |
| Income taxes | 67/77 | €937 | €450 | -€487 | -52.0% |
| Profit (loss) for the period | 9904 | -€5,796 | -€18,203 | -€12,407 | -214% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,796 | -€18,203 | -€12,407 | -214% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.